Does online CASINOS have as good payout as live?

Chemistry1988

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Quote from: MaryKris on October 18, 2014, 08:34:43 PM

Quote from: panju1 on October 18, 2014, 08:01:35 PM

You can look at the 'house edge' different sites are offering.
Competition seems to be pushing these down.

Yeah.. Where can I find that house edge man? That is like, the lower the house edge the better right?

Short answer: Yes.
Long answer: Instead of just comparing the house edge of different sites, you should also consider the deposit/no deposit bonus, rakeback and most importantly the trustworthiness.

GodfatherBond

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It's all about adjusting.
I stopped playing online when I took a closer / backend look at big casino sotware - and what it makes possible for the operator.
Just don't play Wink

House edge = horse as*. It does not matter if operator is palying with own rules at backend.

MaryKris

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Quote from: panju1 on October 18, 2014, 08:01:35 PM

You can look at the 'house edge' different sites are offering.
Competition seems to be pushing these down.

Yeah.. Where can I find that house edge man? That is like, the lower the house edge the better right?

panju1

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You can look at the 'house edge' different sites are offering.
Competition seems to be pushing these down.

HeroCat

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Live casinos have better payouts, people are people, and software is better player than in live mode Grin

Timetwister

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Quote from: Xiaoxiao on October 14, 2014, 07:38:33 AM

Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?

Online Bitcoin casinos have a quite low edge compared to live ones, and even to online ones that have to pay for their licenses, taxes, etc.

Xiaoxiao

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The Golden Rule Rules

Quote from: addi on October 14, 2014, 10:10:41 AM

Quote from: Xiaoxiao on October 14, 2014, 10:03:59 AM

I don't know if I can trust the replies in this thread, because they are all by Casino employees/affiliates. How about a software expert to chime in?

I am the best of both worlds, a "software expert" who developed a casino that has been running flawless since early 2013. I did also not advertise the casino in my reply, so not sure what's wrong.

Oh I see. So you are with satoshibet ? So what is the payout for some of the popular games on there. And how does the algorithm/ RNG work in online casinos? Is it predetermined or does it change based on customer bet size/ other factors (like say customer is newbie, so let him win a bit).

addi

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https://satoshibet.com

Quote from: Xiaoxiao on October 14, 2014, 10:03:59 AM

I don't know if I can trust the replies in this thread, because they are all by Casino employees/affiliates. How about a software expert to chime in?

I am the best of both worlds, a "software expert" who developed a casino that has been running flawless since early 2013. I did also not advertise the casino in my reply, so not sure what's wrong.

Xiaoxiao

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The Golden Rule Rules

I don't know if I can trust the replies in this thread, because they are all by Casino employees/affiliates. How about a software expert to chime in?

addi

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https://satoshibet.com

Quote from: Xiaoxiao on October 14, 2014, 07:38:33 AM

Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?

Online casinos, especially Bitcoin casinos, do have on average a much higher payout. A lot are competing on house edge against each other and against classic casinos. Thus these can sometimes become marginally low, which is of course very good for the player.

Cloudbet

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Cloudbet | Best Bitcoin Gambling Site Since 2013

Quote from: Xiaoxiao on October 14, 2014, 07:38:33 AM

Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?

A large number of our games at Cloudbet.com have a higher payout rate than live casinos. Our highest payout game - Super 7 Blackjack - pays out 99.71%. Check us out!

Cheers,
Cloudbet

Xiaoxiao

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The Golden Rule Rules

Anyone can clue us in on this? Maybe a software developer? Shouldn't online casinos have BETTER payouts than live, because there is less maintenance, a lot faster, and ease of access?

Topic: Does online CASINOS have as good payout as live? (Read 989 times)